fpml:premium
The option premium payable by the buyer to the seller.
Element information
Namespace: http://www.fpml.org/FpML-5/transparency
Schema document: fpml-option-shared-5-5.xsd
Other elements with the same name: fpml:premium, fpml:premium, fpml:premium, fpml:premium
Type: fpml:Premium
Properties: Local, Qualified
Content
- Sequence [1..1]
- fpml:paymentAmount [0..1]
- fpml:paymentDate [0..1] The payment date. This date is subject to adjustment in accordance with any applicable business day convention.
- fpml:pricePerOption [0..1] The amount of premium to be paid expressed as a function of the number of options.
- fpml:percentageOfNotional [0..1] The amount of premium to be paid expressed as a percentage of the notional value of the transaction. A percentage of 5% would be expressed as 0.05.
from type fpml:SimplePaymentfrom group fpml:Premium.model
Attributes
| Name | Occ | Type | Description | Notes |
|---|---|---|---|---|
| id | [0..1] | xsd:ID | from type fpml:PaymentBase |
Used in
- Type fpml:OptionBaseExtended
- Type fpml:BondOption via extension of fpml:OptionBaseExtended (Element fpml:bondOption)
- Type fpml:CreditDefaultSwapOption via extension of fpml:OptionBaseExtended (Element fpml:creditDefaultSwapOption)
Sample instance
<premium> <paymentAmount> <currency>JPY</currency> <amount>25000000</amount> </paymentAmount> </premium>